Stakefish, one of the largest Ethereum staking services in the world, has announced on Twitter that after a successful testnet run, it has launched its non-custodial shared Ethereum Staking pool.
We’re excited to announce that @stakefish @Ethereum #staking 2.0 is live on Mainnet! 🎉🎆— stakefish (@stakefish) January 19, 2022
You can now stake #Ethereum with a reliable validator, with as little as 0.1 #ETH.🕺
Stake with us today: https://t.co/fKcYdaYBEl
From your friendly, neighborhood validator, #stakefish. pic.twitter.com/C4rAACWCHH
The new ETH staking pool will allow anyone to start staking as little as 0.1 ETH with Stakefish, who up until now only offered large holders of 32 ETH to use its service for semi-custodial staking.
Our twice audited smart contract accepts stakes in multiples of 0.1 ETH. The smart contract handles gathering individual’s smaller staked ETH into 32 ETH, which is the minimum amount needed to start one validator on Ethereum. Once that threshold is reached, the smart contract will send the 32 ETH to the official Ethereum Deposit Contract.
The Stakefish smart-contract (which as been twice audited as the quote mentions) will then pair a validator that uses Prysm and Lighthouse (Nimus and Teku incoming) to stake the 32 ETH.
The entire process is done trustlessly through a smart contract for both entering and exiting the staking agreement, so Stakefish never keeps hold of your private keys.
How To Stake Ethereum With Stakefish
All you need to do is connect to Stakefish’s new Ethereum Staking dashboard and have a minimum of 0.1 ETH in your wallet (+Gas fees!). Simply follow the easy steps and you’ll be staking ETH in no time at all.
For any questions regarding Stakefish Ethereum staking, you can contact the company at email@example.com
Ethereum Staking Is Becoming More Accessible
Ever since the successful Rocket Pool launch in December 2021, it seems like the decentralized Ethereum staking space is starting to catch up, with more companies that previously focused only on fully custodial, or semi-custodial staking services are deciding to introduce shared staking pools.
While not sharing the exact decentralized nature of Rocket Pool’s approach, it is still a great thing for crypto and for Ethereum in particular, as lower entry barriers are enabling more people to secure the Ethereum blockchain by becoming crypto stakers.